Fraud against businesses has always been a threat, but the high-tech nature of commerce today has made it even more so. Merchants must protect themselves from credit card and data fraud, and they should expect their merchant services provider to be a staunch ally in the battle. TransFirst® takes data breach security and PCI compliance very seriously and works with its clients to do the same.

Have you made any credit card purchases recently where the merchant did not require you to sign the receipt? Did you wonder why? Maybe you thought it was an oversight on their part, but chances are it was a QSR (quick sale retail), a credit card processing trend that has applications in certain sales situations.

Wherever you do business — in a storefront, online or on the road — credit card processing has the potential to help grow your operation to its fullest potential. Gone are the days of cash-only purchases. Consumers have spoken, and their preference is to pay with plastic. Accepting credit cards is no longer a courtesy extended to your customers — it’s a requirement for businesses who want to survive in today’s market.

Near field communications (NFC) is the latest technology to hit the credit card processing industry. Although it has much potential, there are also some critical issues that need to be resolved before its acceptance is assured.